LGMS to transfer from ACE Market to Bursa Malaysia’s Main Market this Thursday

CYBERSECURITY outfit LGMS Bhd is set to be listed on Bursa Malaysia’s Main Market under the “technology” sector effective 5this Thursday (Jan 22).

The move follows approval from Bursa Malaysia Securities Bhd for the proposed transfer of the listing and quotation of LGMS’ entire issued share capital from the ACE market.

The upcoming transfer reflects the group’s growing scale, clientele and confidence, thus positioning LGMS to pursue broader growth opportunities as a Main Market-listed entity.

LGMS has maintained strong growth momentum into 2026, having secured multiple honours at the recent Jobstore Top Employer Awards, including the Gold Award for Top Employer of Graduate Choice, late last year.

The company also received “Top Employer of the Year” and “Best Workplace” awards in both the public listed and private sector categories.

These accolades – assessed by a panel comprising the Human Resources Ministry, Malaysian Institute of Human Resource Management, HRDCorp, TalentCorp and the Malaysia HR Forum – reflect LGMS’ growing reputation as a preferred employer in the cybersecurity space.

These achievements follow on from LGMS having been recognised as ‘Cybersecurity Company of the Year 2025’ at the Malaysia Cybersecurity Awards held in conjunction with CyberDSA, hence reinforcing the group’s position as a leading independent cybersecurity provider.

Moving forward, the group will continue the to be fully committed to objective, transparent and unbiased cybersecurity services, according to its chairman Fong Choong Fook.

“LGMS is on our mission to continuously raise the standards of cybersecurity across Malaysia and the region,” he enthused.

These achievements come on the back of LGMS’20th anniversary – a milestone marking its evolution from a small specialist firm into one of Malaysia’s most trusted names in cybersecurity.

“Over two decades, LGMS has deepened its technical capabilities by having built a strong reputation for neutrality, high-assurance testing and rigorous industry standards,” revealed Fong.

In the reckoning of industry observers, LGMS’ growing profile as both an employer of choice and a cybersecurity innovator is timely as Malaysia faces increasing demand for cyber talent and trusted service providers.

All in all, LGMS’ recent milestones are built on its consecutive wins at the PIKOM Digital Excellence Awards in 2024 and 2025 where the group was recognised for excellence in cybersecurity advisory.

Its StarSentry vulnerability management and threat detection platform platform (spearheaded by LGMS’ wholly-owned subsidiary Applied Securities Intelligence Sdn Bhd) has also received back-to-back industry awards for innovation with additional validation from Gartner in its market guidance for cybersecurity services.

At the close of today’s (Jan 20) market trading, LGMS was down 1 sen or 1.98% to 49.5 sen with 1.23 million shares traded, thus valuing the company at RM226 mil. – Jan 20, 2026

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